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$ROK 3Q15 Call: For the full year, operating margin is expected to be about 22%, little above prior guidance. Full year adjusted effective tax rate to be 27%, up 50 BPs from prior guidance. New adjusted EPS range is $6.55-6.70. Free cash flow conversion on adjusted income is expected to be about 110% for FY15.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?